EOD update 08-05-2019


Jet Airways pilots union moves Supreme Court; asks for funds from banks

Jet Airways Pilots’ Union Asks Top Court To Direct SBI To Release Funds

Embattled Jet halted all flight operations indefinitely on April 17 after its lenders rejected its plea for emergency funds

ESSAR Steel Promoter Moves Tribunal Against ArcelorMittal Bid

Essar Steel’s majority shareholder Essar Steel Asia Holdings (ESAHL) on Tuesday moved the National Company Law Appellate Tribunal (NCLAT) seeking the rejection of ArcelorMittal’s bid to buy out.

Ceat Q4 net profit falls 16% to Rs 64 cr

ABB India net profit grows over 13% to Rs 116 cr in March quarter

Aditya Birla group stake in Vodafone Idea rises to 27.18% after rights issue

Sebi disposes of case against SBICAP Trustee

BSE India Q4: PAT At Rs 51.8 Cr vs Rs 62 Cr YoY

Revenue From Ops At Rs 115.7 Cr vs Rs 144.7 Cr YoY

DHFL Gets NHB Approval For Sale Of Aadhar Housing

The Rise Of India’s New Billionaires As Business Dynasties Flounder

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties.

A Manager Who Saw India Credit Crisis Now Warns Of Realty Stress

The country hardly needs more stresses now just as credit markets regain some normalcy after policy makers took steps to inject more liquidity into the financial system.

Zenith Birla Standalone March 2019 Net Sales at Rs 34.71 crore, up 1.14% Y-o-Y

Elecon Eng Consolidated March 2019 Net Sales at Rs 326.24 crore, down 25.37% Y-o-Y

Globus Spirits Standalone March 2019 Net Sales at Rs 270.89 crore, up 18.12% Y-o-Y

Jaypee Infratech insolvency: NBCC offers Rs 20 crore to operational creditors

ED Begins Probe Into EtihadAirways ‘s Investment In Jet Privilege ED Finds Violation Of FDI Norms In The Investment Deal

Hackers steal $41 million worth of bitcoin from Binance cryptocurrency exchange
The 7,000 bitcoin were withdrawn by hackers using a variety of techniques.

ICRA Cuts Can Fin Homes’ Debt Rating To ‘AA+’ From ‘AAA’

Vistara plans to acquire 16 of Jet Airways’s Boeing aircraft to fly to Europe: Report

China April exports unexpectedly fall but imports rebound as fresh US tariffs loom

MAS Financial S Standalone March 2019 Net Sales at Rs 155.52 crore, up 37.27% Y-o-Y

KSB Pumps Consolidated March 2019 Net Sales at Rs 289.30 crore, up 36.14% Y-o-Y

Kopran Consolidated March 2019 Net Sales at Rs 99.71 crore, up 3.58% Y-o-Y

Rain Industries Consolidated March 2019 Net Sales at Rs 3,196.53 crore, down 3.32% Y-o-Y

ED : Attaches Properties Worth Rs 151.7 Cr Of Mehul Choksi & Geetanjali Group Of Companies

Pranavadity Spg Standalone March 2019 Net Sales at Rs 21.22 crore, up 11.7% Y-o-Y

Intl Combustion Standalone March 2019 Net Sales at Rs 40.35 crore, up 4.91% Y-o-Y

CreditAccess Gr Standalone March 2019 Net Sales at Rs 335.53 crore, up 36.25% Y-o-Y

KEC Intl Standalone March 2019 Net Sales at Rs 3,569.05 crore, up 6.16% Y-o-Y

Saregama India Standalone March 2019 Net Sales at Rs 124.03 crore, up 17.71% Y-o-Y

Kokuyo Camlin Standalone March 2019 Net Sales at Rs 194.09 crore, up 2.03% Y-o-Y

India Monitoring Costs Of Importing Non-Iranian Oil: Report

Oil imports from Iran in the past fiscal ended March amounted to about $9 billion, as per industry figures.

Titan Company Standalone March 2019 Net Sales at Rs 4,672.06 crore, up 19.28% Y-o-Y

IL&FS Securities Services moves SAT against SEBI order on Allied Financial
In February, SEBI had barred Allied Financial and others for misappropriating client securities and a host of other violations.

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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